China April export growth slows, imports fall in mixed data

China reported better-than-expected exports in April, although growth slowed, while imports fell again, according to data released on Tuesday.

Exports rose by 8.5% year on year $295.42b, compared with an increase of 14.8% in March and above expectations for a rise of 6.4%.

Imports fell 7.9% to $205.21bn, a further fall from the 1.4% decrease reported in March, and below expectations for a fall of 0.1%.

China’s total trade surplus was $90.2bn in April, from $88.19bn in March.

Reporting by Frank Prenesti for Sharecast.com